FUNDING PLATFORMS

Small business lender Kabbage announced earlier this month that it would begin selling over $525 million worth of loans to investors. Read more: www.crowdfundinsider.com

Online crowdfunding portal Funding Wonder has found its first business to use its regulated financing solution. Read more: www.pymnts.com

Much excitement has been generated with the enactment of Regulation Crowdfunding (Reg CF) and the ability of non-accredited investors to invest in startup. Read more: www.crowdfundinsider.com

Despite the market inclination towards charity crowdfunding, Akseleran remains optimistic of the business prospect. Read more: e27.co

Here is the explanatory memorandum on the Australian crowdfunding legislation that is expected to soon become law. Read more: www.crowdfundinsider.com

Debt crowdfunding platform ECrowd! has raised €307,900 through an equity crowdfunding campaign on Crowdcube. The round attracted 135 private investors. Read more: www.fintechroundup.com

China-based CredEX Fintech says its mobile lending app’s total credit extended has exceeded CNY 30bn. Read more: www.bankingtech.com

VentureFounders has had more than £40 million invested in campaigns presented on the platform since its launch at the end of 2014. Read more: thetechportal.com

Supplier financing company FnConn and marketplace lending platform Dianrong have announced the launch of Chained Finance. Read more: www.pymnts.com

Trillion Fund announced today that it was putting all assets on the auction block. Read more: www.crowdfundinsider.com